In a remarkable display of market resilience, Brinker International Inc . (NYSE:EAT) stock has soared to an all-time high, reaching a price level of $137.89. With a market capitalization of $6.08 billion, InvestingPro analysis suggests the stock is currently trading above its Fair Value. This milestone underscores a period of significant growth for the company, which has seen an impressive 214.45% return over the past year. Investors have shown increasing confidence in Brinker International's business model and growth strategy, reflected in its GOOD Financial Health score and strong operational metrics. For deeper insights into EAT's valuation and growth prospects, InvestingPro subscribers can access the comprehensive Pro Research Report, featuring expert analysis and key financial indicators.
In other recent news, Brinker International has seen significant developments. The company's stock was upgraded from Underweight to Equalweight by Morgan Stanley (NYSE:MS), which also increased the price target to $115. This comes as Brinker's stock has shown an impressive 217% return over the past year. Goldman Sachs initiated coverage on Brinker with a Buy rating, acknowledging Chili's as a dominant revenue stream accounting for nearly 90% of the company's annual revenue. The firm also projected a 1% to 2% increase in traffic for Chili's in fiscal years 2026 and 2027.
Brinker International has granted substantial stock-based compensation awards to its top executives, including CEO and President Kevin Hochman, who received performance shares with a target value of $20 million. These shares are based on the company's Total (EPA:TTEF) Shareholder Return relative to peers in the S&P 1500 Hotels, Restaurants, and Leisure Index.
Several analysts have revised their targets for Brinker following strong Q1 results. Piper Sandler raised its stock target by over 55%, maintaining a neutral rating, while Stifel increased its price target and maintained a buy rating. KeyBanc Capital Markets, Evercore ISI, BMO Capital Markets, and JPMorgan also made adjustments to their price targets and ratings. These are the latest developments in the company's recent history.
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